Optional Services

HOA Bookkeeping and Tax Returns

Serving on an HOA board can sometimes be time consuming especially when it comes

to the accounting side of things.  As a volunteer it's tough to find time to dedicate to

making sure the HOA financials are healthy.  

Did you know that Easy HOA provides a bookkeeping and tax preparation service

for HOAs that use its software?

Benefits Include:

  1. A layer of transparency between the board and the HOA.  The owners inside of the HOA know that there is a 3rd party performing the services and it allows for a 2nd set of eyes to be on the books.

  2. It makes the owners of the HOA feel safe and secure knowing that there is a professional accurately checking and classifying each transaction to ensure that every dollar is properly accounted for.

  3. HOA accounting reports are always up-to-date and accurate. This helps take the burden off of the board when there is an up-coming board meeting and the owners want to see the financial reports.  

  4. Board member positions are not permanent and having a dedicated team to provide all of the bookkeeping and accounting ensures that you never have to find a new person to do it every time a volunteer board member's term is over. 

Our in-house accountant is Nick Stoddard. If you haven't had a chance to work with

him you should, he is super talented and we are happy to have him on our team :)

Nick has been proven to be a key player on our support team with a specialty

in working with clients that need help with our built-in accounting tools. 

He also takes care of all of our bookkeeping and accounting clients each month and

has helped those HOAs prepare their annual tax form each year.  

Here is a list of bookkeeping and tax preparation services that Nick can perform for your HOA for an additional ongoing fee:

  • Build your HOA budget and forecast

  • Build the Chart of Accounts for your HOA

  • Connect your HOA bank account to the EasyHOA software

  • Classify and reconcile every single bank transaction on a monthly basis

  • Cross-reference bank account statements with transactions in the software

  • Provide up-to-date accounting reports

  • Prepare an annual 1120-H for review at year end or at the end of your accounting year.

Call or email us today for a quote!